Dye & Durham (OTCMKTS:DYNDF) Stock Price Down 22.1% – Time to Sell?

Dye & Durham Limited (OTCMKTS:DYNDF) shares dropped 22.1% during trading on Thursday . The stock traded as low as $0.01 and last traded at $1.34. Approximately 7,107 shares changed hands during mid-day trading, an increase of 185% from the average daily volume of 2,496 shares. The stock had previously closed at $1.72.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets cut shares of Dye & Durham from an “outperform” rating to a “market perform” rating in a report on Friday, November 14th. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Dye & Durham Stock Performance

The firm has a 50-day moving average of $2.69 and a 200-day moving average of $4.58.

Dye & Durham Company Profile

Dye & Durham is a provider of cloud-based software and integrated services tailored to the legal, real estate and corporate sectors. Headquartered in Toronto, Canada, the company delivers a unified platform that automates critical workflows for law firms, notaries, corporations and government agencies. Its offerings include electronic filing, land title and corporate registry services, compliance reporting, and end-to-end transaction support, all accessible via a software-as-a-service model.

Operating across Canada as well as in the United Kingdom and Ireland, Dye & Durham serves thousands of customers spanning solo practitioners to large multinational firms.